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Specializing in Hard
Money & Bridge Loans
AN
ALTERNATIVE TO
CONVENTIONAL
BANK LOANS
Thank you for
your interest in
Sovereign
Funding, one of
the premiere
commercial
lenders in the
country. We
specialize in
short term real
estate secured
loans for many
situations,
including bridge
funding, land
acquisition,
development and
construction,
bank workouts,
foreclosures and
bankruptcies.
At Sovereign
Funding, we
recognize the
importance of
speed, and that
loans must often
be structured
around each
client’s unique
set of financial
circumstances.
Our program has
been providing
lightning-fast
service and
creative funding
solutions
throughout North
America since
1985, and with
our
international
lending program,
we have closed
loans in Spain,
Fiji, Belize,
Mexico, St.
Croix, and St.
Maarten!
LENDING
CRITERIA
Loans from
$1,000,000 to
$300 Million:
Domestic and
International!
Loan Term:
One to five
years. No
prepayment
penalty.
Collateral:
Typically
commercial real
estate. Other
fixed assets may
be considered in
some cases.
Loan-to-value
Ratio: Loan
amounts of up to
75% of the value
of the
collateral. If
the loan is used
for construction
or renovation,
the loan can be
funded in stages
up to 65% of the
improved value.
Interest
Rate:
Depending upon
collateral,
rates start at
9%, interest
only. In lieu of
equity, a Fee of
0-10% may be
paid. Rates for
international
transactions are
generally higher
than domestic
loans.
Minimum Loan
Size:
$1,000,000
nationwide, and
$3 million
internationally.
Feel free to contact us anytime for a free no-risk consultation toll-free at (877) 836-4661 or if you have any questions. |
